Vietnam Airlines wins regional award

At the award ceremony. This is the first time the national carrier of Vietnam has won the award for its rapid growth, high level of profitability and successful partial privatisation (Source internet)

Hanoi (VNA) – Vietnam Airlines
was awarded the prestigious “CAPA Asia Pacific Airline of the Year” at the 2017
CAPA Asia Pacific Aviation & Corporate Travel Summit held in Singapore on
November 8.

This is the first time the national
carrier has won the award for its rapid growth, high level of profitability and
successful partial privatisation.

The award is given to the airline
that has been the biggest standout strategically during the year, had the
greatest impact on the development of the airline industry and provided a
benchmark for others to follow.

The airline's profit reached 114 million
USD in 2016 and exceeded 100 million USD in the first three quarters of 2017.

Vietnam Airlines completed listing
shares on the Hanoi Stock Exchange under stock code HVN in January 2017,
becoming one of the first and largest State-owned airlines in Vietnam to be partially equitised.

In addition to the public float, Japan’s All
Nippon Airways Holdings acquired 8.77 percent stake in Vietnam Airlines in 2016
as part of a new strategic partnership.-VNA